US EditionTraction Capital Launches Second Fund for Minnesota Startups
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Traction Capital Launches Second Fund for Minnesota Startups
Minneapolis-based Traction Capital this week announced the launch of its second fund focused on scaling businesses born in Minnesota and the Midwest. With $33 million already raised in just 90 days, the target for Fund II is around $50 million—three times the size of Traction’s first fund. A hybrid venture capital and private equity firm founded in 2020, Traction’s team is made up of entrepreneurs who understand the journey firsthand. Its founde…
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